
Board Meeting22 May 2026, 02:55 pm
Shilpa Medicare Recommends ₹0.60 Dividend, Appoints Auditors
AI Summary
Shilpa Medicare Ltd's board approved audited financial statements for FY26, recommended a final dividend of ₹0.60 per share, and appointed V.J.Talati & Co. as Cost Auditors and ANEJA ASSOCIATES as Internal Auditors for FY27. The board also approved shifting the registered office from Karnataka to Maharashtra, subject to member approval via postal ballot. Subsidiaries will invest 28% in Neo Green Power Project Private Limited and the registered offices of multiple wholly-owned subsidiaries will also be shifted to Maharashtra.
Key Highlights
- Final dividend of ₹0.60 per equity share (60%) recommended for FY 2025-26.
- V.J.Talati & Co. appointed as Cost Auditors for FY 2026-27.
- ANEJA ASSOCIATES appointed as Internal Auditors for FY 2026-27.
- Registered office shifting from Karnataka to Maharashtra approved, pending member approval.
- Subsidiaries to invest 28% in Neo Green Power Project Private Limited.
Price Impact
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